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The tech world is pouring oceans of money into chips, data centers, power supplies and other components of the artificial intelligence infrastructure. And that’s eligible for generous tax breaks on investments Republicans included in their 2025 tax cuts. The tax incentives weren’t designed with AI in mind specifically — they’re available for all kinds of business investments. But it’s the tech industry that’s making the most of them, putting a major dent in corporate tax receipts. Budget forecasters say payments are down 25%, or $96 billion, after falling 15% last year.